North Carolinians for Home Education

Analysis

North Carolinians for Home Education is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in February 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Carolinians for Home Education reported income of $479k and spending of $436k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $389k to $479k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Carolinians for Home Education sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within NC. Charities of a similar size with the same main cause include Christian Light Academy Inc ($479k), Jenks Sports Inc ($479k) and Friends of Scicon ($479k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $122k (28% of expenses). Other salaries and wages came to $19k. At year end it held assets of $278k against liabilities of $0, net assets of $278k. It reported 4 employees.